German regulator notes further accounting errors at Adler Group
BERLIN, Nov 17 (Reuters) - Germany's BaFin financial
regulator said on Thursday it had noted further accounting
errors in the 2019 consolidated financial statements of property
firm Adler Group ADJ.DE .
Adler's group consolidated balance sheet total was
overstated by 3.9 billion euros ($4.05 billion) and the total
result by 543 million euros, BaFin said in a statement.
($1 = 0.9633 euros)
(Writing by Paul Carrel, editing by Rachel More)
((paul.carrel@thomsonreuters.com))
Recent news on Adler SA
See all newsLuxembourg's Adler Group Q1 rental income falls on portfolio disposals
Brief: Adler Group Confirms 2025 Net Rental Income Guidance
Media: Adler weighs sale of prized EUR3.5 billion Berlin rental portfolio - Bloomberg News
German landlord Adler Group appoints Karl Reinitzhuber as CEO (updated)
German landlord Adler Group appoints Karl Reinitzhuber as CEO